This is the 1-month follow-up to my previous post about bot trading on 3Commas you can find it here: https://www.reddit.com/r/passive_income/comments/i2zfjd/31_daily_return_algorithm_bot_trading_3commas/
Since my last post, I have now officially been running the algorithm trading on 3Commas for 1 month and I am blown away by the results. My portfolio increased from 1267$ to 1568$ In 1 month giving me 301$ in profit at the same time I have also earned 0.02511 BTC increasing both my dollar value and the BTC value of the portfolio.
# Market performance in test period (1st of August – 1st of September)
Okay so cross referencing whether I’ve been better off just buying BTC and HODLING? In the period where I started from the 1st of August until the moment of writing this (September 1st) BTC only increased 0,627% meaning I outperformed the market with 20,8% in USD terms [(Portfolio Performance)](https://imgur.com/a/Tn5XzAY)! Great news AND my BTC value increased significantly.
# Benefits of trading bots
· Bots make it easy to enter the industry (Since you are not actively managing or updating the algorithms, which can get quite complex)
· Ensuring efficiency across the board (Bots never sleep and don’t make mistakes)
· Trading on a 24-hour basis (Especially useful in the crypto space since the markets never close unlike the stock exchange)
· Removing emotions from the equation (You won’t make the emotional YOLO all-in on a crypto/stock that you subjectively like over other, the bot simply follows algorithms and orders and execute)
# How to get started?
You can [sign up to 3Commas here](https://3commas.io/?c=Reddit) for your own free 3 days trial period and if you choose to extend you will get a 10% discount and I will get a small commission, so win-win :-). I made a combination of two composite Gordon bots. A Binance BTC Conservative strategy (Safe & Slow) (50%) of portfolio and a Binance BTC Aggressive (Riskier & Fast) (50%) of portfolio. The aggressive bot was outperforming the conservative bot in terms of profit, but of course is more subdue to big volatility.
I have also modified my strategy Increasing the amount of trades my bots currently perform I have two Aggressive bots one using BTC and one using USDT. In total I usually have 9 active trading 24/7 and now earn around 25$ per day so expecting my return to exponentially grow as I optimize my bots. Hit me up if you need setup help and I’ll gladly support you first [make an account here](https://3commas.io/?c=Reddit).
[Current bot trades](https://preview.redd.it/745h9nxkjik51.png?width=2238&format=png&auto=webp&s=b0523420cebce0daf736145fca4ccfd8ecec5ffb)
# What exchange? Okex
I used Binance initially as 3Commas integrated perfectly with Binance and they are a trusted exchange with low fees.
The base fee for trades on Binance is 0.1% for makers and takers. You can reduce that by 25% (that is, to 0.075%) if you hold BNB on Binance, so this is definitely a trick I recommend!.
If you don’t have a Binance account you can [sign up here](https://www.binance.com/en/register?ref=CHJX1JDX) and we both get 10% of each other’s trading volume (You will benefit from my continued trades on Binance).
However, on the 11th of August I made the transfer over to Okex due to 3Commas making an exclusive deal with Okex giving 100 USDT free in trading fees for new sign-ups giving me a much higher margin on my first trades on that platform. Okex is also highly recommended an have fantastic customer support that answers your question within 30 seconds guaranteed! I can only highly recommend Okex and you can get 10$ in free Bitcoins using [this link](https://www.okex.com/join/1/2123821)
Sign up to 3Commas here(Free trial + 10% discount): [https://3commas.io/?c=Reddit](https://3commas.io/?c=Reddit)
Sign up to Okex here: [https://www.okex.com/join/1/2123821](https://www.okex.com/join/1/2123821)
I would love to help anyone interested in getting started with this as it seems like a great passive income stream as I used 15 minutes per day on this bot and earned 0,02511 BTC ≈ 300 USD so far and still counting.